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Will Caldwell of SnapNHD on Real Estate Tech, Bootstrapping, and Big Data
Manage episode 379360323 series 3308830
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It is a great pleasure to introduce our next podcast guest - Will Caldwell founder and CEO of SnapNHD - a San Diego based real-estate data company. I had the chance to invest in Wills company very early and if I did it would of resulted in a 10x outcome. Oops. At least I can laugh at it and Will and friend. You can listen to the podcast on all your platforms including YouTube, Spotify, or Apple.
Does your startup have what it takes to identify strong business cases, have ready-to-go customers on the products, and have high margins?
In this episode of The Capital Stack, we have Will Caldwell, Co-founder and CEO of SnapNHD, a leading provider of natural hazard disclosure reports and real-time flood determination certificates. Will saw a business opportunity in a big company dominated industry and scaled SnapNHD from $0-$100k in less than three years.
Listen in to learn how to identify opportunities in a market and figure out how to be better and compete head-to-head with existing companies. You will also learn how to bootstrap efficiently to the point of scaling by having financial discipline, cash flow generation, and nailing product-market fit.
What You Will Discover:
• [03:13] How SnapNHD is identifying strong business cases, having ready-to-go customers on their products, and having high margins.
• [06:14] How Will figured he could compete head-to-head with big data natural hazard report companies.
• [09:03] How the cost perspective became their competitive advantage when acquiring customers.
• [12:54] The real estate demand over the next ten years and the business opportunities available in the industry.
• [17:28] How financial discipline, cash flow generation, and nailing product-market fit enabled SnapNHD to bootstrap efficiently.
• [21:35] Will on the guiding principles that allowed him to achieve his success.
• [22:33] Some random questions with Will!
Memorable Quote:
• “In any kind of verticalized software industry, the more you become entrenched in that vertical, the more intrinsic value you create.”- Will [19:55]
Connect with Will:
• LinkedIn: https://www.linkedin.com/in/caldwellw/
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